It is cheaper to import petrol than buy from Dangote refinery – IPMAN chieftain

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Yakubu Suleiman, the National Assistant Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has disclosed that buying petrol is cheaper when they import than buying from Dangote Refinery.

He recounted that as at last week, the local refinery was selling PMS at a bulk price of N995/Litre.

Suleiman said this during an interview session he had with Arise Tv, on Friday, November 1.

He said: “Dangote’s price is higher than other places. As at last week, Dangote gives at N995/litre and you have to bring your cargo to load.

“How much will you pay the cargo? How much will you pay other charges to your depot? We have to pity Nigerians.

“The Independent Petroleum Marketers Association of Nigeria (IPMAN), are trying their best to salvage this country at this particular time when people are suffering.

“So let us go for products that are cheaper that when we sell it to the people, the people appreciates. Most people don’t understand the whole dynamics that is going on at the moment.

“So when we go and buy the higher price we come and sell it as higher as what people are not expecting and they’ll start calling ‘IPMAN’. We are tired.

“If people understand the dynamics they will have praised IPMAN, because we are truly patriotic to Nigerians.”

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